Man Industries (India) (NSE:MANINDS) Interest Expense: ₹-1,606 Mil (TTM As of Jun. 2026)

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NSE:MANINDS Man Industries (India) Ltd NSE:MANINDS
74 GF Score
Price ₹793.40
GF Value ₹406.07
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Man Industries (India) Interest Expense?

Man Industries (India) NSE:MANINDS -2.35% 74 Interest Expense is ₹-1,606 Mil as of Jun. 2026. GuruFocus rates NSE:MANINDS with a GF Score™ of 74/100 and a GF Value™ of ₹406.07 (Significantly Overvalued). The stock has 10 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Man Industries (India)'s interest expense for the three months ended in Jun. 2026 was ₹ -400 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2026 was ₹-1,606 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Man Industries (India)'s Operating Income for the three months ended in Jun. 2026 was ₹ 1,136 Mil. Man Industries (India)'s Interest Expense for the three months ended in Jun. 2026 was ₹ -400 Mil. Man Industries (India)'s Interest Coverage for the quarter that ended in Jun. 2026 was 2.84. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Man Industries (India)  (NSE:MANINDS) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Man Industries (India)'s Interest Expense for the three months ended in Jun. 2026 was ₹-400 Mil. Its Operating Income for the three months ended in Jun. 2026 was ₹1,136 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2026 was ₹0 Mil.

Man Industries (India)'s Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*1135.8/-399.6
=2.84

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.

Man Industries (India) Interest Expense Historical Data

* Premium members only.

The historical data trend for Man Industries (India)'s Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Man Industries (India) Interest Expense Chart

Man Industries (India) Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -209.51 -254.59 -581.00 -693.69 -961.51

Man Industries (India) Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -302.30 -302.10 -381.90 -522.70 -399.60
NSE:MANINDS
74GF Score
Man Industries (India) Ltd NSE:MANINDS
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Man Industries (India) Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-1,606 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of ₹-1,606 Mil mean?
Man Industries (India) (NSE:MANINDS) has a Interest Expense of ₹-1,606 Mil as of Jun. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Man Industries (India) and its competitors.
Is Man Industries (India)'s Interest Expense too high?
Man Industries (India)'s current Interest Expense is ₹-1,606 Mil. Overall, Man Industries (India) has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Man Industries (India)'s Interest Expense compare to NUE and STLD?
Man Industries (India)'s Interest Expense of ₹-1,606 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Steel company?
A good Interest Expense depends on the Steel industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Man Industries (India) and its competitors. Man Industries (India)'s current Interest Expense is ₹-1,606 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Man Industries (India) stock overvalued right now?
Based on GuruFocus' analysis, Man Industries (India) (NSE:MANINDS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹406.07, compared to a current price of ₹793.40 — trading 95.4% above its estimated fair value. The current Interest Expense is ₹-1,606 Mil. Man Industries (India)'s overall GF Score™ is 74/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Man Industries (India) (NSE:MANINDS), the current Interest Expense is ₹-1,606 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Man Industries (India) (NSE:MANINDS) Overvalued in 2026?

Based on GuruFocus' analysis, Man Industries (India) stock appears to be overvalued. The current stock price of ₹793.40 is trading 95.4% above its estimated GF Value™ of ₹406.07. GuruFocus considers Man Industries (India) to be Significantly Overvalued.

Key valuation signals for NSE:MANINDS:

  • Interest Expense: ₹-1,606 Mil
  • GF Value™: ₹406.07 vs. price of ₹793.40 (95.4% above fair value)
  • GF Score™: 74/100 with 10 warning signs

No single metric tells the full story. See the NSE:MANINDS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Man Industries (India) Business Description

Other Exchanges 513269:India
Address MAN House, 101, S.V. Road, Opposite Pawan Hans, Vile Parle (West), Mumbai, MH, IND, 400056
Man Industries (India) Ltd isengaged in the business of manufacturing, processing and trading of submerged arc welded steel pipes and steel products. It offers the product which includes LSAW HSAW, Coating, ERW, and HIB. In addition, it also caters to its international clients in the oil and gas industry, petrochemicals, water, dredging, fertilizers and part of infrastructure projects.
74GF Score

Get the complete analysis for NSE:MANINDS

Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹793.40
Price
₹406.07
GF Value